Legislative Fact Sheet -
UCC Article 6, Bulk Sales (1989)

Act

UCC Article 6, Bulk Sales (1989)

Origin

Completed by the Uniform Law Commission and the American Law Institute in 1989.

Description

Revised UCC Article 6 has two options for every state to consider: replace current Article 6 with the revised Article 6, or repeal Article 6. The ULC recommends repeal, and nearly every state has followed that recommendation.